Media playback is unsupported on your device

UK economy: Pound recovers to five-year high

16 June 2014 Last updated at 22:09 BST

More than five years after the banking crisis sent the UK economy and the pound tumbling in value, there are signs sterling has slowly clawed its way back.

The UK's currency has hit a level not seen since the height of the banking crisis, as Robert Peston reports.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.